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Daniel Larson
Econ Lessons
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Comments by "Daniel Larson" (@daniellarson3068) on "Russian Ruble: Will It Recover or Revalue?" video.
Do the oil companies and OPEC+ want the oil price down to $40 / barrel? This may not be a money maker for them. The tar sands people are close to the edge too. Our Northern ally may not be altogether happy with that low price.
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The guy certainly has a lot of confidence in what he says. I have to believe him. He's read a lot of economic stuff that would put a lot of us to sleep. The implication of what he says is that the lives of the average Russian will not improve. It is hoped that they connect the dots and point the finger at the Czar (Putin). On the other hand Russians could double down, blame the West and hang in there and be like sailors going down with the Titanic. They could bear economic pain and feel they are doing it for Mother Russia. I hope they have the sense to put pressure on the Czar to stop this war. It would be better for them in the long run. Let's also hope the orange man has the sense to maintain the sanctions.
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If he goes early, we get J. D. Vance.
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